Regents look at ways to offer lower-priced university education

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Regents look at ways to lower education costs - The Arizona Board of Regents is looking at ways they can offer a lower-priced university education.

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PHOENIX -- The Arizona Board of Regents is looking at ways they can offer a lower-priced university education.

The plan could include starting a fourth state university or buying an existing community college and making it a four-year school.

These ideas have been thrown around before, but they are taking on a new urgency because of recent state-funding cuts to higher education and sharp tuition hikes at the three state universities.

Next month the presidents of the schools are expected to recommend specific ways to provide more choices for an affordable education.

The regents hope to make a decision by December.